Cement News tagged under: Tanzania

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HAZEMAG & EPR wins three new MEA cement contracts

17 October 2014, Published under Cement News

Materials processing and crushing specialists HAZEMAG & EPR has received a trio of orders in the Middle East and Africa during the third quarter of this year. El Arish's new production line in Egypt In September 2014 HAZEMAG & EPR received an order from the Chinese plant manufacturer CDI for the delivery of components for the precrushing of cement raw material and gypsum for El Arish's new line in Egypt. The new delivery comprises a HPI 2000 impact crusher for crushing 1900tph of limest...

ARM Cement first-half pretax profit 20% higher YoY

18 July 2014, Published under Cement News

ARM Cement's pretax profit rose 20 per cent to KES1.2bn (US$13.68m) in the first half of 2014, the Kenyan firm said on Friday. Total revenue increased by 16 per cent YoY to KES7.6bn with cement sales up by 10 per cent in Kenya and by more than a third in Tanzania.  "The east African regional economies are growing briskly, and demand for cement, as well as the other products are expected to grow further," the company said. Its fertilizer line also posted good sales growth after the K...

Tanga Cement and TANESCO sign power supply agreement

18 July 2014, Published under Cement News

Tanga Cement Company and Tanzania Electric Supply Company (TANESCO) have signed a power supply agreement that ensures the cement producer receives 40MVA through a substation in Pongwe, Tanga. Deklan Mhaiki, TANESCO deputy managing director (Investments) said the new agreement would help Tanga improve Tanga Cement’s output: "Tanga Cement is one of our long and high level customers and taking that into consideration, we have agreed to supply power to their second substation in Pongwe to impr...

GCR affirms ARM Cement's ratings, outlook Stable

30 June 2014, Published under Cement News

Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively. The outlook is Stable. GCR said the Kenyan cement producer's well-entrenched position in the East African cement industry has been augmented by an aggressive roll-out of capacity in the past five years. With the completion of the Tanga plant in Tanzania later this year, ARM will secure clinker sufficiency in FY14/FY15, which...

Tanzania: Banco Products to sell stake in Lake Cement

09 May 2014, Published under Cement News

Baroda-based Banco Products India Ltd, along with its subsidiaries, has decided to sell its Tanzania-based cement unit Lake Cement Ltd for US$17.68m, according to a stock market disclosure. Banco Products acquired a 51 per cent equity stake in the 0.5Mta Lake Cement in July 2010. The name of the buyer has not been disclosed. While Banco Products will be directly selling 3721 equity shares for US$0.38m, two of Banco Products' subsidiaries, Lake Minerals (Mauritius) Ltd and Nederlandse Rad...

Nigeria: Dangote to stabilise cement price

08 May 2014, Published under Cement News

Speaking to shareholders at the 5th 2013 Annual General Meeting Aliko Dangote, Chairman of Dangote Cement Plc, pledged that his company would intensify direct-to-consumer deliveries to help stabilise cement prices in Nigeria. Aliko Dangote admitted that most input costs into cement production have risen to an "astronomically high" level, but that his organisation is committed to reducing prices. Dangote sold 13.3Mt of cement in Nigeria within the financial year representing an increase of 2...

African Forum checks dynamics of cement prices

07 April 2014, Published under Cement News

Zambia has recently recorded intermittent increases in the cost of cement, prompting government to call for additional private investment in the industry. The Competition and Consumer Protection Commission (CCPC) has disclosed that a market study has been carried out under the auspices of the African Competition Forum (ACF) and was simultaneously undertaken by Tanzania and South Africa. CCPC public relations officer, Hanford Chaaba, said that the findings on the study have since been ta...

EAPCC to tap Tanzanian market

25 February 2014, Published under Cement News

East African Portland Cement Co (EAPCC) plans to enter the Tanzanian market, senior management has revealed. "We are looking at Northern Tanzania and have already identified a partner situated in Arusha," Kepha Tande, managing director of the Kenya-based cement producer, said on Friday. Tande said that stiffer competition in the company’s domestic market has led it to seek new markets to improve sales. EAPCC's market share has dropped by close to 12 per cent from 33 per cent three years...

ARM optimistic on Kitui plant construction start, Kenya

13 February 2014, Published under Cement News

Kenyan producer ARM Cement is getting closer to launching construction of a US$400m plant in Kitui County, the company’s managing director has said. Pradeep Paunrana told local press that the company has received support from the Kitui county government under Governor Julius Malombe. “We are optimistic that in the next few months, we will move on site for the groundbreaking to pave the way for construction to begin,’’ Standard Digital news quoted him as saying. The new plant will be s...

Loesche wins new order from Tanga Cement Co

28 January 2014, Published under Cement News

Loesche GmbH has received an order from Tanga Cement Company, Tanzania, for the supply of two vertical roller mills. The order covers the engineering and supply of two Loesche vertical roller mills. One LM 41.4 will grind cement raw material at a product rate of 200tph with a fineness of 15 per cent  R90μm while an LM 19.2 D coal mill will have a grinding capacity of 20tph with a fineness of 12 per cent R90μm. Included in the scope of supply are rotary star feeder for the raw meal mill and...